When you think business credit cards and expenses, ads may not be the first thing that comes to mind. However, there is really no reason not to get a rewards business credit card, use it to pay for PPC and earn tons of cashback, rewards or air miles on it. How does a free plane ticket for the Maldives in return for your latest marketing campaign sound?
There isn’t a huge choice of rewards business credit cards available on the market, but we’ve selected the top-earning ones for you.
The Capital on Tap business credit card is a solid rewards credit card that allows you to choose between earning cashback and Avios points.
Getting cashback on your PPC spending is probably the most straightforward option. It’s ideal for business owners that don’t want to waste time thinking about points, how much they’re worth and what they can be redeemed for. You simply get some of your money back, either sent to your current account or directly fed into your credit card balance (which can help your business cash flow even more).
On the other hand, if you travel often, the Avios option could be better for you. You can get free flights or flight upgrades from airlines participating in the Avios programme. In some cases, Avios points may be worth more than cashback.
You can’t join the Avios scheme as a business, but the points will be credited to your personal Avios account, giving it a nice boost.
Representative example: When you spend £1,200 at a purchase rate of 39.41% (variable) p.a., your representative rate is 39.9% APR (variable).
Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
If you’d rather earn points that you can then exchange for experiences, vouchers and treats, American Express is definitely the biggest player in the game. The Amex Gold Business card earns you Membership Rewards points, just like most Amex personal cards, which you can then redeem for a huge range of rewards. Their value depends on what you use them for.
Rewards are a bit more time consuming than cashback (you need to keep an eye on your point balance, pick your rewards, use the vouchers etc), but also much more fun. Also, most people end up treating themselves with something they wouldn’t normally buy, which is a nice thing to do once in a while.
When picking a rewards credit card, there are a few things to keep in mind to find the one that works best for your business. Here’s a basic checklist that should give you a good grasp of the cards you’re comparing:
It’s pivotal to keep in mind that rewards credit cards are meant for earning rewards, not for borrowing. They thus tend to come with fairly high interest rates.
If you think you may end up carrying a balance on your business credit card, it may be worth considering a different option (such as a low-rate business credit card). If you carry a balance, the extra costs will eat away at the rewards you earn, and the card simply won’t be worth it anymore.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.
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